Robert Borosage: Totally Self-Inflicted Damage

Dandelion Salad

Government Shutdown 2013 Day Seven 9

Image by Stephen D. Melkisethian via Flickr

democracynow on Oct 16, 2013

http://www.democracynow.org – The partial shutdown of the federal government has entered its 16th day and the nation is now on the brink of a default as the government’s borrowing authority ends tomorrow. On Tuesday, Fitch Ratings warned it could cut the the U.S. government’s triple-A debt rating if a deal to raise the debt limit is not reached.

In a statement Fitch said, “The prolonged negotiations over raising the debt ceiling … risks undermining confidence in the role of the U.S. dollar as the preeminent global reserve currency, by casting doubt over the full faith and credit of the U.S.” The Senate appears to moving closer to a deal to reopen the government and raise the debt limit, but the Republican-controlled House of Representatives failed twice Tuesday to produce its own plan. As lawmakers continue to debate a possible deal to reopen the government, the impact of the shutdown is being felt across the country. North Carolina has become the first state to halt its welfare program due to the shutdown. “It’s meant a lot of pain for a lot of Americans, infants that have lost support for nutrition, children that have been thrown out of HeadStart, safety measures that are not taken because the weather buoys are no longer manned, the list can go on, and the effects accumulate each day,” says Robert Borosage, founder and president of the Institute for America’s Future and co-director of its sister organization, the Campaign for America’s Future. He recently wrote an article for Reuters called, “Tea Party zealots hold the public debate hostage.” We are also joined by Amanda Terkel, senior political reporter and politics managing editor at The Huffington Post.

*

see

Chris Hedges: Beware the Tea Party Dominionists

Is Homeland Security Preparing for the Next Wall Street Collapse? by Ellen Brown

3 thoughts on “Robert Borosage: Totally Self-Inflicted Damage

  1. Pingback: Three Reasons Why Politics in the US Are Doomed by Joseph Natoli | Dandelion Salad

  2. Pingback: The Democrats Can’t Defend the Country from the Retrograde GOP by Ralph Nader | Dandelion Salad

  3. Pingback: Shutdown Solution: Opt Out of Tyranny by David DeGraw | Dandelion Salad

Please add to the conversation.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s